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Bitlayer

Bitlayer is the first Bitcoin Layer 2 solution based on the BitVM paradigm, designed to power the Bitcoin DeFi ecosystem. It provides Bitcoin-equivalent security, a trust-minimized bridge, and a high-performance, EVM-compatible environment to support a growing ecosystem of decentralized applications and yield-bearing opportunities for BTC assets.

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Description

Bitlayer is a Bitcoin Layer 2 solution built on the BitVM paradigm, aiming to create the ultimate infrastructure for Bitcoin DeFi. It enhances Bitcoin's capabilities by combining BitVM-style smart contracts with zero-knowledge proofs to achieve finality on the Bitcoin blockchain, thereby inheriting its security. Key features include a trust-minimized BitVM Bridge, which facilitates secure asset transfers and enables a fully programmable, yield-bearing pegged BTC (YBTC). The platform also incorporates a Realtime EVM (RtEVM) with a parallel execution engine and an optimized database to deliver near real-time performance for a growing ecosystem of decentralized applications (DApps).

Bitlayer

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